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The directors of two money transfer businesses accused of fixing foreign exchange rates are the first ever individuals to be sentenced in Australia to prison terms for criminal cartel conduct.
ACCC may put brakes on Aurizon’s $2.3B bid for One Rail
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The Australian Competition and Consumer Commission has raised preliminary concerns that Aurizon’s proposed $2.3 billion acquisition of rail haulage company One Rail could stymie competition in the NSW and Queensland markets for coal haulage services by rail.
Meta wants details of tech capabilities kept under wraps in ACCC case
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Facebook owner Meta is fighting for broad non-publication orders in its battle with the ACCC over material it says could prejudice jury members in criminal proceedings by mining magnate Andrew Forrest.
Judge tosses cosmetic surgeon’s case over unaired 60 Minutes episode
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A judge has dismissed a case seeking to force Nine to hand over draft versions of a 60 Minutes episode and related stories, after an appeals court threw out orders that would have forced production of the material.
Tiwi Islanders sue Santos, government over offshore drilling project
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Tiwi Islanders have filed a Federal Court challenge to the Barossa offshore gas project, alleging they were not properly consulted about the project, which they say would harm their culture and way of life.
Gilbert + Tobin lures M&A partner from Squire Patton Boggs
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Gilbert + Tobin has wooed a corporate partner from Squire Patton Boggs with significant experience advising on transactions involving heavy hitters in the natural resources sector, including working on a US$15.2 billion rights issue by Rio Tinto.
Property guru Sasha Hopkins converted investor funds into crypto assets, ASIC says
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The Australian Securities and Investments Commission has released details of its allegations against embattled property developer Sasha Hopkins, who is the subject of several freezing orders won by the regulator earlier this month.
Airbnb taken to court for ‘misleading’ accommodation prices
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Airbnb has been hit with legal action by the consumer watchdog alleging the prices shown on the vacation rental website differed from what consumers were charged.
Nine wins challenge to production of draft 60 Minutes episode
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Nine has won its legal challenge to orders that would have forced it to hand over a draft version of a 60 Minutes episode and restricted it from airing the program after an appeals court found a judge had no power to make the orders.
ACCC, Fujifilm ‘close’ to settling case over small biz contracts
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The Australian Competition and Consumer Commission is “close” to settling its case against office supply company Fujifilm over allegedly unfair contracts with small businesses, a court has heard.